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#山寨币周期开启? SOL Observations this morning (11.18)
SOL is currently hovering around 133, and the overall feeling is still that the bulls are in control of the rhythm. From a technical perspective, there are several signals that are quite clear:
The DMI has already shown a golden cross, and the ADX line is still climbing, indicating that the momentum for this wave of increase is indeed accumulating. Looking at the MACD, the bars have already risen above the zero line and show signs of gradually lengthening—buying power is gathering.
If we're talking about trading, I personally prefer to wait for the price to pull back to the 128 level before considering a long position. For a conservative approach, the initial target could be set at 140, while a more aggressive target could aim for around 145. Of course, this is just my personal observation, and it really depends on how the market moves.
At this stage, is the altcoin sector about to rise? The performance of SOL may give us some clues.